Autoliv Raises Dividend to a Record Level

Autoliv Raises Dividend to a Record Level

BUSINESS WIRE

STOCKHOLM -- The Board of Directors of Autoliv Inc. – the worldwide leader in automotive safety systems – raised the company’s quarterly dividend to stockholders by two cents to 47 cents per share for the second quarter 2012, an increase of 4.4 percent from the previous quarter.

The dividend declared today will be payable on Thursday, June 7, to Autoliv stockholders of record on the close of business on May 23. The ex-date, when the shares will trade without the right to the dividend, will be Monday, May 21.

The dividend amount paid to stockholders is expected to be close to $45 million, an increase of nearly $5 million, or approximately 10 percent, from the dividend paid in the first quarter. In addition to the higher dividend per share, the increase in the dividend amount is due to the fact that there will be approximately 6 percent more shares outstanding on the record date for the second quarter, primarily resulting from the settlement of equity units on April 30.

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